Argentina slashes benchmark rates to 80%
Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, which aligns…
China’s emissions, efficiency targets under threat
China is failing to meet key targets for reducing climate-warming emissions, putting its credibility in global…
Oil inches up ahead of US inflation data
Oil prices saw a marginal increase, with Brent futures nearing $83 a barrel and West Texas Intermediate crude…
Asian markets hike ahead of US inflation data
Asian stocks rose on Tuesday ahead of the US inflation report, while Japanese shares fell and the yen strengthened…
Egypt’s CIB bank raises credit card limits
Banks operating in the Egyptian market have begun raising credit card limits in implementation of the directives…
Egypt’s commodity exports hike by 6% in Jan-Feb
Egypt's commodity exports increased by six per cent growth in January and February 2024, reaching $6.121 billion…
EGX closes mixed on March 11
Egypt’s stock market (EGX) closed mixed on Monday. The main index, EGX30 rose by 1.41 per cent, to 33,382.51…
Egypt’s trade deficit increases by 17.8% in December – CAPMAS
Egypt’s trade balance deficit increased by 17.8 per cent year on year (YoY) in December 2023, to $3.03 billion.
Turkey textile makers mull shift to Egypt
Turkish textile manufacturers are considering shifting their manufacturing investments to Egypt due to currency…
China Vanke receives govt. support amid property crisis
China’s government stepped in to bolster China Vanke, a state-backed property firm currently facing financial…
